BEIJING (Reuters) - China's telecommunications equipment giant is in early talks with some US carriers about licensing its 5G network technology, a company executive told Reuters.

Some companies have expressed interest in a long-term deal or a one-time fee, Vincent Pang, senior vice president and managing director of the company, said on Friday, declining to name or limit the number of companies.

"There are some companies in talks with us, but it takes a long journey to finalize everything," said Pang, who was visiting Washington a few days ago.

The news comes after the US administration led a campaign to persuade its allies to prevent the Chinese company to develop 5G networks for fear of using its equipment to spy on customers, and Huawei has repeatedly denied the allegations.

There are currently no 5G providers in the US, and European competitors Ericsson and Nokia are more expensive.

The United States blacklisted Huawei, the world's largest telecommunications service provider, in May because of national security concerns and banned it from buying US-made parts without a special license.

Washington has also filed criminal charges against the company for alleged bank fraud, violating US sanctions against Iran and stealing trade secrets, a charge Huawei denies.

The US Department of Commerce's laws are expected to effectively ban the Chinese company from the US communications supply chain.

The company's founder and CEO, Ren Zhengfei, first spoke in interviews with The New York Times and The Economist last month about the idea of ​​paying a one-time fee for patents, licenses, code and technical expertise, but did not say if there was any interest from companies. The American proposal.

"It is not realistic for telecom operators to take this equipment and then run all the software and hardware themselves," a State Department official told Reuters in an interview last month.

"If there are code errors built into the software, there will be no way to inform them of their existence and can be activated at any time, even if changes to the software code are made by mobile operators."

Pang declined to predict any deal, but warned that investing in the R&D needed to continuously improve the platform after the move would be too costly for companies.Huawei has spent billions of dollars to develop its 5G technology since 2009.